Expenditures with interest payments

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a.) Suppose that South Pangean debt is $200 million and the interest rate it pays on that debt is 6 percent.

That means its interest payments must be $ 12 million.

b.) If South Pangean expenditures are $60 million without interest payments, that means its expenditures with interest payments are $ _____ million.

Reference no: EM132559188

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